Envestnet, Inc., together with its subsidiaries, provides intelligent systems for wealth management and financial wellness in the United States and internationally. It operates through Envestnet and Envestnet | Yodlee business segments. The company's product and services suites include Envestnet | Enterprise, which provides an end-to-end open architecture wealth management platform, as well as sells data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Tamarac that provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software; Envestnet | Retirement Solutions, which offer a suite of services for advisor-sold retirement plans; and Envestnet | Portfolio Management Consultants that provide research, due diligence, and consulting services to assist advisors in creating investment solutions for their clients, and patented portfolio overlay and tax optimization services. It also provides Envestnet | Yodlee data aggregation and data analytics platform, which offers cloud-based innovation for digital financial services. The company primarily serves banks, wealth management and brokerage firms, Internet services companies, and registered investment advisers. Envestnet, Inc. was founded in 1999 and is headquartered in Chicago, Illinois.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
SectorBusiness Services
Current SymbolNYSE:ENV
Previous Symbol
CUSIP29404K10
Phone312-827-2800
Debt
Debt-to-Equity Ratio0.57
Current Ratio0.72
Quick Ratio0.72
Price-To-Earnings
Trailing P/E Ratio57.32
Forward P/E Ratio39.10
P/E Growth2.46
Sales & Book Value
Annual Sales$683.68 million
Price / Sales3.37
Cash Flow$2.3106 per share
Price / Cash Flow21.83
Book Value$9.86 per share
Price / Book5.12
Profitability
EPS (Most Recent Fiscal Year)$0.88
Net Income$-3,280,000.00
Net Margins2.95%
Return on Equity11.32%
Return on Assets5.04%
Miscellaneous
Employees3,516
Outstanding Shares45,720,000
Market Cap$2.36 billion
OptionableOptionable
Envestnet (NYSE:ENV) Frequently Asked Questions
What is Envestnet's stock symbol?
Envestnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENV."
How were Envestnet's earnings last quarter?
Envestnet Inc (NYSE:ENV) issued its quarterly earnings results on Wednesday, November, 7th. The business services provider reported $0.53 EPS for the quarter, topping the Zacks' consensus estimate of $0.50 by $0.03. The business services provider earned $203.20 million during the quarter, compared to analysts' expectations of $203.99 million. Envestnet had a return on equity of 11.32% and a net margin of 2.95%. The firm's revenue was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.37 EPS. View Envestnet's Earnings History.
When is Envestnet's next earnings date?
What guidance has Envestnet issued on next quarter's earnings?
Envestnet updated its fourth quarter earnings guidance on Wednesday, November, 7th. The company provided earnings per share guidance of $0.59 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.59. The company issued revenue guidance of $209.5 million, compared to the consensus revenue estimate of $212.85 million.Envestnet also updated its guidance to EPS.
What price target have analysts set for ENV?
6 Wall Street analysts have issued twelve-month price objectives for Envestnet's stock. Their forecasts range from $56.00 to $70.00. On average, they anticipate Envestnet's stock price to reach $63.6667 in the next year. This suggests a possible upside of 26.2% from the stock's current price. View Analyst Price Targets for Envestnet.
What is the consensus analysts' recommendation for Envestnet?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Envestnet in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Envestnet.
Has Envestnet been receiving favorable news coverage?
News headlines about ENV stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Envestnet earned a news sentiment score of 1.9 on InfoTrie's scale. They also gave press coverage about the business services provider a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days.
Who are some of Envestnet's key competitors?
Some companies that are related to Envestnet include Nielsen (NLSN), The Western Union (WU), GrubHub (GRUB), Farfetch (FTCH), Zillow Group (Z), Etsy (ETSY), Zillow Group (ZG), CIELO S A/S (CIOXY), WEX (WEX), CDK Global (CDK), Fair Isaac (FICO), athenahealth (ATHN), MAXIMUS (MMS), Healthequity (HQY) and Ritchie Bros. Auctioneers (RBA).
Who are Envestnet's key executives?
Envestnet's management team includes the folowing people:
- Mr. Judson Taft Bergman, Chairman & CEO (Age 61)
- Mr. William C. Crager, Pres (Age 54)
- Mr. Peter H. D'Arrigo CFA, Chief Financial Officer (Age 50)
- Mr. Scott David Grinis, Chief Technology Officer (Age 56)
- Mr. Anil Arora, Vice Chairman & Chief Exec. of Envestnet | Yodlee (Age 57)
Who are Envestnet's major shareholders?
Envestnet's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.62%), Vanguard Group Inc (8.62%), Janus Henderson Group PLC (7.84%), Wells Fargo & Company MN (7.64%), BlackRock Inc. (7.05%) and Wasatch Advisors Inc. (5.52%). Company insiders that own Envestnet stock include Anil Arora, Charles Roame, Gayle A Crowell, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Scott D Grinis, Shelly O'brien and William Crager. View Institutional Ownership Trends for Envestnet.
Which major investors are selling Envestnet stock?
ENV stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Renaissance Technologies LLC, Wells Fargo & Company MN, Franklin Resources Inc., Morgan Stanley, Oak Ridge Investments LLC, DF Dent & Co. Inc. and Van Berkom & Associates Inc.. Company insiders that have sold Envestnet company stock in the last year include Anil Arora, Charles Roame, Gayle A Crowell, Joshua Mayer, Judson Bergman, Scott D Grinis, Shelly O'brien and William Crager. View Insider Buying and Selling for Envestnet.
Which major investors are buying Envestnet stock?
ENV stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Dimensional Fund Advisors LP, Mirae Asset Global Investments Co. Ltd., Putnam Investments LLC, PNC Financial Services Group Inc., Vanguard Group Inc, Vanguard Group Inc. and Hodges Capital Management Inc.. Company insiders that have bought Envestnet stock in the last two years include Charles Roame, Gayle A Crowell and Judson Bergman. View Insider Buying and Selling for Envestnet.
How do I buy shares of Envestnet?
Shares of ENV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Envestnet's stock price today?
One share of ENV stock can currently be purchased for approximately $50.44.
How big of a company is Envestnet?
Envestnet has a market capitalization of $2.36 billion and generates $683.68 million in revenue each year. The business services provider earns $-3,280,000.00 in net income (profit) each year or $0.88 on an earnings per share basis. Envestnet employs 3,516 workers across the globe.
What is Envestnet's official website?
How can I contact Envestnet?
Envestnet's mailing address is 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601. The business services provider can be reached via phone at 312-827-2800 or via email at [email protected]
MarketBeat Community Rating for Envestnet (NYSE ENV)
MarketBeat's community ratings are surveys of what our community members think about Envestnet and other stocks. Vote "Outperform" if you believe ENV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ENV will underperform the S&P 500 over the long term. You may vote once every thirty days.
